Federal cabinet rejects new duty on solar panels
WEB DESK: On Tuesday, the federal cabinet decided not to impose new duties on solar panels, aiming to ensure that…
New taxes on salaried employees to accelerate ‘brain drain’ in Pakistan
WEB DESK: Pakistan Business Council warns of accelerated brain drain due to proposed budgetary measures. The country’s leading corporate advocacy…
Federal budget likely to increase solar panel costs
WEB DESK: The Federal Board of Revenue (FBR) has proposed imposing new taxes of more than 1.5 trillion rupees for…
Energy Minister: No policy shift amid net metering dispute
WEB DESK: Energy Minister Ovais Leghari clarified that there has been no indication from the government about discontinuing net metering.…
Ahsan Iqbal: 2018 ‘Tabdali’ as devastating as eastern Pakistan tragedy
LAHORE: Federal Minister for Planning Ahsan Iqbal described the 2018 transformation as a catastrophe for eastern Pakistan. Impact of 2018…
Bank borrowings hit Rs6.2 tr in just 10 months
WEB DESK: Pakistan’s government surpassed its treasury bills auction target, raising Rs640 billion on Wednesday, while simultaneously reducing the cut-off…
Electricity tariff expected to rise by Rs7 per unit in July
Pakistan has notified the International Monetary Fund (IMF) of a potential increase in the average electricity tariff by Rs. 5…